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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Phantom Arena: Revolutionizing the Gamefi Space With Top-Tier Partnerships and Unmatched Engagement

Bitcoinist
by Bitcoinist
Last Updated: July 23, 2024 9:05 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Phantom Arena is thrilled to announce a significant milestone, attracting a cluster of top-tier projects such as Klaytn, ICP, BNB, Binary, Gala, and many more forthcoming listings. This development underscores the growing acceptance of Phantom Arena’s ready-to-use utility ecosystem by leading projects looking to enhance their token utility and community engagement during the crypto winter.

In a departure from the routine approach of passive token holding, Phantom Arena offers a unique solution: engaging community token holders in 3-minute stress-free battle royale games. This interactive approach not only adds an element of fun but also fosters greater community engagement among token holders. This shift has led to Phantom Arena reaching 50,000 registered users within the first two months of its soft launch. These users are actively participating, spending an average of 12 minutes daily immersed in gameplay.

Tidal Game Guild, the exclusive gaming guild of Phantom Arena is rapidly expanding to having 60 sub-agencies, with notable growth seen in agencies like Metalife, BDK, and the emergence of the new rising star Vulcan Alliance from Hong Kong. This vibrant scene and activity surge give the reminiscence of the early days of Axie Infinity.

Significantly, the evolving landscape within Phantom Arena reflects a renewed enthusiasm for GameFi, where virtual economies and gaming intersect to create new opportunities for players and investors alike.

Phantom Arena’s business model effectively addresses critical gaps left by other GameFi projects. Various groups within the ecosystem are generating decent revenue and achieving their objectives through a single platform. Non-fungible token (NFT) holders rent out their NFTs to players or scholars, who earn rewards based on the victory in the battles. Meanwhile, even participants — consumers and token holders — investing as little as $1 can engage with the platform, experiencing the thrill of gameplay and winning power-up NFTs, irrespective of their win-loss record. This high-engagement model maximizes utility for all projects listed on Phantom Arena, while game guild agencies enjoy daily passive income as bulk NFT holders.

Currently, the market price for Phantom Arena NFTs stands at $1,500, reflecting steady user growth and demand. With 40,000 NFTs sold so far and an expected up to 150,000 participants in upcoming competitions, the demand for NFTs is set to surge. This remarkable growth trajectory positions the platform’s native NFTs for significant price appreciation.

Moreover, the excitement escalated with the announcement that major mainstream token companies were hosting a premium league tournament at Phantom Arena. These tournaments offer substantial cash prizes of up to $30,000 to top winners. Notably, each league is expected to attract up to 100,000 players worldwide, making the platform a hub for competitive GameFi opportunities. Ultimately, the climax will be the Phantom League Super Grand Final, where champions from all leagues will compete for a minimum cash prize pool of $100,000, funded collectively by all participating leagues.

Phantom Arena is providing a warm and engaging haven for token holders during this crypto winter. By blending innovation with community-driven gameplay and lucrative rewards, enthusiasts are invited for an exciting GameFi blast. Join and experience the journey with Phantom Arena.

For media inquiries, please contact:

tidalacemedia.tam@gmail.com

To explore more, follow Phantom Arena:

Twitter: arena_phantom

Facebook: Phantom Arena

Instagram: Phantom_arena

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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